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Lumentum set to acquire laser maker Coherent for $5.7bn

Optics and photonics components maker Lumentum has reached a definitive agreement to acquire fellow laser manufacturer Coherent in a cash and stock transaction valued...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.